2023 Fisker Ocean One Sport Utility 4d on 2040-cars

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Karma Automotive partners with BMW for powertrains

Now in the process of rising from the ashes of Fisker, the newly renamed Karma Automotive has announced a powertrain supply deal with BMW. Only instead of Karma providing BMW with technologies (as Tesla has for Daimler and Toyota), this deal goes the other way around. It is BMW that will be providing Karma with its powertrain components moving forward. Little in the way of specifics was disclosed regarding precisely what the supply deal will entail. However according to the statement below, it will include "high voltage battery charging systems and a wide range of hybrid and EV systems." BMW has demonstrated its competence in developing and manufacturing such components with vehicles like the i3 and i8, and ActiveHybrid versions of the 3 Series, 5 Series, and 7 Series sedans. Karma Automotive is what Chinese component manufacturer Wanxiang renamed the company formerly known as Fisker Automotive once it acquired the rights to the company and the Fisker Karma which it previously produced. The brand name, however, remained the property of Henrik Fisker's coachbuilding operation. The original Fisker Karma was powered by a 2.0-liter turbo four supplied by General Motors, with a lithium-ion battery pack from A123 systems. Karma Automotive Signs Supply Agreement With BMW COSTA MESA, Calif., Nov. 12, 2015 /PRNewswire/ -- Karma Automotive announced today that BMW has agreed to be a supplier in ensuring their vehicles are built with the highest quality automotive parts. BMW will supply Karma Automotive with their latest powertrain components, including high voltage battery charging systems and a wide range of hybrid and EV systems. Throughout automotive history, BMW has been globally recognized for engineering and manufacturing world-class products. They are a proven technology leader and renowned for conceiving and delivering groundbreaking innovations. Karma Automotive will integrate the first BMW components into its plug-in hybrid flagship vehicle, which will re-launch in 2016. The next generation of vehicles already in development will utilize more of BMW's powertrain technology. "The Wanxiang Group is giving Karma Automotive the opportunity to bring a stunning car back to the market, and the partnership with BMW and their outstanding track record is a great fit for the future," said Karma's CEO Tom Corcoran.

Henrik Fisker: No 'final conclusion' yet in Foxconn deal

Two years ago, EV startup Fisker seemed to have hooked a giant when it announced a deal with Taiwanese iPhone maker Foxconn to build a sub-$30,000 crossover in the United States. It turns out that deal hasn't been finalized, according to comments Fisker founder and CEO Henrik Fisker made during an interview with TechCrunch. "In the Foxconn deal specifically, we don't yet have a final conclusion to this deal," Fisker told TechCrunch on the sidelines of an event in Huntington Beach, California, to showcase its future EV portfolio. While Henrik Fisker is still confident it will come together, his comments show just how precarious and complex automotive manufacturing deals can be. And considering Foxconn's history of backing out of other factory agreements, there's reason for some caution. The Foxconn-Fisker deal Foxconn and Fisker signed in February 2021 a memorandum of understanding agreement, with the goal of producing 250,000 vehicles annually. While it wasn't clear which vehicle Fisker might build with Foxconn, the automaker had said that it was working on the Personal Automotive Electric Revolution (PEAR) — an EV built for cities and urban environments that would cost less than $30,000. The Fisker-Foxconn deal came together relatively quickly following the announcement of the memorandum, and by May 2021, Foxconn and Fisker had a signed agreement, setting those expectations in writing. A few months later, Foxconn made a separate deal with EV maker Lordstown Motors that included buying its factory in Ohio and helping the struggling company manufacture its Endurance electric pickup truck. Fisker became a beneficiary of the deal when, in May 2022, the company announced it reached an agreement with Foxconn to build its PEAR EV at the Lordstown factory. But cracks soon formed in Foxconn's agreement with Lordstown Motors. Lordstown Motors filed for bankruptcy and has sued Foxconn for "fraudulent conduct," stating that the Taiwanese company had made a litany of "broken promises." Foxconn currently still owns the manufacturing plant in Lordstown, Ohio, and Fisker says that plans to build the PEAR in the Lordstown plant are still on track. Foxconn is no stranger to scuttling done deals. The company withdrew from a $19.5 billion agreement with Indian company Vedanta last month. It also famously received a $3 billion incentives package to build a factory in Wisconsin that was supposed to create 13,000 jobs.

Fisker electric SUV named Ocean, and it'll have an app-based lease

Veteran car designer and Fisker chairman and CEO Henrik Fisker has done much teasing of his new electric crossover, and now it has a name: the Fisker Ocean. We like it, if we’re being honest. In the Fisker brandÂ’s previous iteration, during the era of the Karma, it had at one point planned a vehicle called the Atlantic, and we dig the marine theme. WeÂ’ve also got a few clear photos of the Fisker Ocean showing off its front and rear, as well as a look at its solar roof. On the tailgate, we can now see the “Ocean” badge beneath the Fisker logo. Fisker also announced that the Ocean will get an app-based leasing program, which Henrik Fisker himself has promised will be priced “way, way, way lower” than the electric Volvo XC40 under the Care by Volvo program (which starts at $700 a month), with “way, way, way more miles per year” and “no minimum term.” “The future of mobility is about enjoying an electric vehicle without hassle, long-term commitment and the prohibitive high cost of ownership,” Henrik Fisker said in a statement. “Driving the Fisker Ocean will be easy: through a flexible lease via a mobile app. And we take care of all the service and maintenance. Simply put, weÂ’re introducing the future of hassle-free, fun and easy e-mobility.” Reservations of for the Ocean open through the app on November 27. We wonÂ’t see the full reveal of the Fisker Ocean until January 4, 2020, but Fisker has offered a number of details about what it claims is “the worldÂ’s most sustainable vehicle.” The EV will come standard with an 80-kWh battery pack, with Fisker targeting about 250 to 300 miles of driving range on a charge. It features a solar roof, which could provide 1,000 miles of free range per year, with eventual hardware improvements increasing those efficiencies. Fisker has also put a lot of thought into the materials going into the Ocean. In lieu of leather, the crossover will feature a vegan interior. The carpet is made from recycled nylon, sourced from abandoned fishing line pulled from the oceans and other aquatic habitats. Eco-suede materials are recycled from recycled polyester and other recycled plastics. The car will also use rubber repurposed from tire manufacturing waste. Fisker will unveil the working, production-spec prototype during a livestream on January 4, but donÂ’t be surprised if we got more teasers between now and then, especially around the launch of the lease app.